All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Somalia introduces nationwide instant payment system 

The initiative, described as the “country’s first,” seeks to modernise Somalia’s payment system and promote financial inclusion. 

BC Payments gets in-principle nod for MPI licence in Singapore 

The licence will help BC Payments Singapore leverage Banking Circle’s network, providing access to global clearing infrastructure. 

MoonPay obtains $200m credit facility from Galaxy 

The move is said to enable the company to manage increased transaction volumes driven by current market trends. 

DoorDash enters payments partnership with Klarna  

DoorDash customers can access Klarna’s payment solutions when buying retail items or subscribing to the DashPass Annual Plan.  

Spendesk partners with Wise Platform for global payments  

Spendesk customers in the European Economic Area and the UK can process payments and reimbursements in 30 currencies. 

Worldpay ties up with Visa to offer Click to Pay in UK 

This initiative will allow Worldpay customers using the company’s hosted payments pages to enable Click to Pay with Visa. 

Telr gains retail payment services licence from UAE Central Bank 

The RPS licence will enhance Telr’s capabilities in merchant acquiring and payment aggregation within the UAE. 

Fiserv buys Dutch payments firm CCV  

The move will help Fiserv expand its Clover platform and operating system across Europe.

Adyen expands partnership with Affirm to UK 

This service aims to provide consumers with various payment options, including interest-free and interest-bearing instalments.  

NPCI teams up with HitPay for UPI payments in Singapore 

This collaboration will provide Indian travellers to make QR code-based payments at various venues across Singapore.